Live news: Walmart navigates supply chain lockdowns to give upbeat sales outlook

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Russia: As the current head of the UN Security Council, Russia plans to hold a meeting on Ukraine at the UN. Russian media reported the withdrawal of some troops to Ukraine’s eastern border following combat training, but Jens Stoltenberg, NATO’s secretary general, warned he had until present seen “no sign of de-escalation”.

Ukraine: British Foreign Secretary Liz Truss will visit Ukraine on Thursday. Earlier this week, Truss said a Russian attack on Ukraine could be imminent and urged Putin to “step back from the abyss”.

Economic News: Italy publishes trade balance figures for December and the European Central Bank publishes its monthly economic bulletin.

Commerzbank: The second German bank will publish its annual results. In the third quarter, Commerzbank’s operating profit nearly tripled to 472 million euros from a year earlier, beating analysts’ estimates by 30%.

Reckitt Benckiser: The Slough-based consumer goods group also publishes its annual results. In November, Reckitt Benckiser, the maker of Strepsils, Mucinex and Nurofen alongside disinfectants Dettol and Lysol, said its full-year sales would be higher than expected after increased social caused an increase in colds and flu.

Results: Air France-KLM, Airbus, AutoStore, Kering, Moneysupermarket.com, Nestlé and Repsol will also publish results.

Markets: Euro Stoxx 50 and FTSE 100 futures fell 0.6% and 0.3% respectively, amid tensions in Ukraine exacerbated by a series of conflicting reports from the United States and the Russia on troop movements and border activities. Most Asian markets also fell on Thursday, with the Japanese Topix losing as much as 1.3%.

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